BTCS Partners with ETHGas for Faster, Cheaper Ethereum Transactions

BTCS Inc., a blockchain infrastructure and technology company, has announced a strategic partnership with ETHGas, a blockchain technology company specializing in a real-time institutional marketplace for Ethereum blockspace. This collaboration aims to expand the market for fee-based products on Ethereum's network, enhancing transaction efficiency and cost-effectiveness. BTCS will serve as a Priority Builder and has invested $250,000 into ETHGas as part of the deal.

The partnership is designed to unlock ultra-low-latency scaling on Ethereum's blockchain, enabling transaction confirmations that are approximately 100 times faster than those on Solana, a competing blockchain. This initiative aligns with BTCS's strategy to drive scalable revenue growth and improve margins by expanding order flow, refining its tech stack, and controlling blockspace. The integration with ETHGas is expected to increase both order flow and blockspace, contributing to BTCS's overall revenue growth.

BTCS, founded in 2014, initially pioneered Bitcoin mining as the first U.S. public company in the space. Over the years, the company has shifted its focus to Ethereum, leveraging its expertise to drive growth in validator node operations and block building. BTCS has become a key participant in Ethereum's Proof-of-Stake ecosystem, operating 522 validator nodes and building blocks that account for over 1% of all transactions on Ethereum's network.

ETHGas's technology re-engineers the Ethereum pipeline for block construction, allowing validators to sell blockspace prior to a spot block auction. This process involves block builders purchasing blockspace from proposing validators and deciding which transactions to include based on fees and other criteria. For end users, such as traders, ETHGas offers precision order execution products to customize their access to blockspace and hedge gas price volatility. Gas fees, which are the costs paid to execute actions on the Ethereum network, have been a common complaint due to their fluctuating and often high nature. ETHGas aims to address this by providing more transparent and competitive transaction fees, thereby increasing the adoption of Ethereum.

The ultimate goal of ETHGas and BTCS through this partnership is to bring more speed and cheaper transaction fees to Ethereum, thereby spurring the adoption of the blockchain. ETHGas has partnerships with blockspace builders representing over 90% of the market and is working with validators to